Our journey is focused on three objectives:

Reducing Energy Value Chain Footprint

OGCI companies set a target to reduce the collective average methane intensity of our aggregated upstream gas and oil operations to below 0.25% by 2025, with the ambition to achieve 0.20%. Starting from a baseline of 0.32% in 2017, reaching the 0.20% target would translate into greatly reducing our collective methane emissions by more than one-third – approximately 600,000 tonnes of methane annually – by the end of 2025. For more information, please read the 2018 Annual Report.

Our target for our own upstream production facilities is important, but our aim is to work towards near zero methane emissions from the full gas value chain, including transport and distribution to final customers (downstream), which in most cases we do not own or control. We are currently working to estimate and improve the methane emissions intensity of the key gas value chains associated with OGCI member company production.

In addition, OGCI members companies support the aims of Zero Routine Flaring by 2030.

OGCI members will work to expand in the future independent third party verification, as applicable, on data published in its annual report.

Accelerating Low-Carbon Solutions

OGCI was quick to identify “low-hanging fruit” opportunities to reduce the carbon footprint of energy consumed. Saving energy from being consumed has a privileged place on the low-carbon value chain. More efficient, low-carbon fuels and long-term carbon intensity reduction targets will see renewed interest in the years to come.

We are also exploring mid and long-term global emission reduction pathways to provide our member companies with a deeper understanding of key long-term issues and raise the level of awareness among all companies to facilitate joint climate action.

Enabling a Circular Carbon Model

CCUS and nature-based solutions will play an important role in getting the world to the 2°C Scenario.

OGCI aspires to play a major role in the emergence of a commercially viable, safe and environmentally responsible circular carbon economy, including carbon capture, use and storage (CCUS) and nature-based solutions. Our industry can capitalize from the extensive expertise it gained in the past years: of the 17 CCUS large scale facilities in operation today, 5 are managed by OGCI members. In addition, OGCI’s billion-dollar fund, Climate Investments, has CCUS as one of its cardinal focuses.

In 2019, we will also explore ways to achieve a step change in energy efficiency and analyze the potential of natural sinks.

Reducing Energy Value Chain Footprint

OGCI companies set a target to reduce the collective average methane intensity of our aggregated upstream gas and oil operations to below 0.25% by 2025, with the ambition to achieve 0.20%. Starting from a baseline of 0.32% in 2017, reaching the 0.20% target would translate into greatly reducing our collective methane emissions by more than one-third – approximately 600,000 tonnes of methane annually – by the end of 2025. For more information, please read the 2018 Annual Report.

Our target for our own upstream production facilities is important, but our aim is to work towards near zero methane emissions from the full gas value chain, including transport and distribution to final customers (downstream), which in most cases we do not own or control. We are currently working to estimate and improve the methane emissions intensity of the key gas value chains associated with OGCI member company production.

In addition, OGCI members companies support the aims of Zero Routine Flaring by 2030.

OGCI members will work to expand in the future independent third party verification, as applicable, on data published in its annual report.

Accelerating Low-Carbon Solutions

OGCI was quick to identify “low-hanging fruit” opportunities to reduce the carbon footprint of energy consumed. Saving energy from being consumed has a privileged place on the low-carbon value chain. More efficient, low-carbon fuels and long-term carbon intensity reduction targets will see renewed interest in the years to come.

We are also exploring mid and long-term global emission reduction pathways to provide our member companies with a deeper understanding of key long-term issues and raise the level of awareness among all companies to facilitate joint climate action.

Enabling a Circular Carbon Model

CCUS and nature-based solutions will play an important role in getting the world to the 2C Scenario.

OGCI aspires to play a major role in the emergence of a commercially viable, safe and environmentally responsible circular carbon economy, including carbon capture, use and storage (CCUS) and nature-based solutions. Our industry can capitalize from the extensive expertise it gained in the past years: of the 17 CCUS large scale facilities in operation today, 5 are managed by OGCI members. In addition, OGCI’s billion-dollar fund, Climate Investments, has CCUS as one of its cardinal focuses.

In 2019, we will also explore ways to achieve a step change in energy efficiency and analyze the potential of natural sinks.

2018 OGCI Annual Report

Download here the 2018 Annual Report OGCI AT WORK

Leadership

Jerome Schmitt is the Chairman of the Oil and Gas Climate Initiative Executive Committee. He is responsible for advancing and implementing the strategy set by the OGCI CEOs and building consensus among the team of senior executives representing OGCI’s member companies. Jerome is also Senior Vice President Innovation & Energy Efficiency, Totals SA, and member of the management committee of the Gas, Renewables & Power Division. Previously, he was Group Senior Vice President Sustainable Development & Environment, leading the Group’s sustainability and climate roadmaps ahead of COP21 and working on the creation of OGCI. Jerome holds a Civil Mining Engineer (S.E.).

Jerome Schmitt

Chair, OGCI Executive Committee

As Strategy & Policy Director of OGCI Climate Investments, Julien Perez is responsible for developing external policy views, coordinating commitments, managing relations with institutions and providing strategic direction to drive future investments. Previously, Julien was head of Climate & Energy Services at Ernst & Young where he assisted private and public players in setting up and implementing low-carbon strategies. Julien also worked at Total where he coordinated climate change actions and at Aecom managing environmental liabilities for various industries. Julien holds an Environmental Engineering degree from Agro ParisTech, an Energy and Climate Economics degree from Dauphine and an advanced degree in climate change management from Yale.